Indian Railway Catering & Tourism (IRCTC.NS)

Net assets on the balance sheet as of September 2024 : NZ$0.71 Billion

According to Indian Railway Catering & Tourism's latest financial reports the company has NZ$0.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Indian Railway Catering & Tourism - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.48 B	36.07%
2022-03-31	$NZ$0.35 B	24.82%
2021-03-31	$NZ$0.28 B	-2.23%
2020-03-31	$NZ$0.28 B	27.87%
2019-03-31	$NZ$0.22 B	11.99%
2018-03-31	$NZ$0.20 B	16.8%
2017-03-31	$NZ$0.17 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Indian Railway Catering & Tourism (IRCTC.NS) - Net assets